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  • #327,681
  • Nov 17, 2010 12:08pm Nov 17, 2010 12:08pm
Quoting Pipwanderer
neckline on my m15 is broken...down we go

You know this for an absolute fact? I will remain a bull. I have profit locked in.!!!

Buy low sell high is the name of the game right? So buying dips or selling dips on a bullish day?
Know when to hold em, Know when to fold em!
  • #327,682
  • Nov 17, 2010 12:08pm Nov 17, 2010 12:08pm
Quoting mercy seat

NEVER WANT TO DO MY THINGS WITH JAVA PLATFORMS ANYMORE
any really good alternative?
mt4 has no option for one-click trading (not that important, but extremely handy). mt5 has... but that's a long time before you will be allowed to use it for trading, i think.
  • #327,683
  • Nov 17, 2010 12:12pm Nov 17, 2010 12:12pm
Quoting bbakker
That depends on the timeframes you work off? I use 3 timeframes. Daily for the Goliath trend. h1 for the demand and supply levels and m5 for tightening the zones, confirmation and intermediate S/R levels.
I look at all for a general idea, really...
But if I went off the 5, the candle already closed below... but the 15 and 30 have yet to do anything... I guess the higher the time frame, the bigger the confirmation. Just trying to see which is typical and convenient
  • #327,684
  • Nov 17, 2010 12:13pm Nov 17, 2010 12:13pm
Quoting goods
You know this for an absolute fact? I will remain a bull. I have profit locked in.!!!

Buy low sell high is the name of the game right? So buying dips or selling dips on a bullish day?
but we have to bear in mind that the overall trend in bearish
  • #327,685
  • Nov 17, 2010 12:14pm Nov 17, 2010 12:14pm
also, seems like the 200EMA is right below us on the 5min
  • #327,686
  • Edited 12:17pm Nov 17, 2010 12:17pm | Edited 12:17pm
Quoting winfast
Repositioning for another USD decline:

Money Is Repositioning for Another Dollar Decline
The dollar's decline against other major currencies will resume once the right money is properly repositioned.

Connected players will use the strength to reestablish their net short positions, while retail money, guided by well-timed and highly directed media analysis, is pushed (herded) towards the long side for the eventual slaughter. The flow of money is methodical and highly controlled.

[i]U.S. Dollar Index and the Commercial...

As we said this level is heavily defended we saw that yesterday, cloggie said 3450, (i always get a bit lower 7-10 pips) anyway. Today we saw a test of this level (around3455) which bounced to the 61.8 retrace of yesterdays drop so it would be wise to wait and see what happens as the price is almost half way to 3450
  • #327,687
  • Nov 17, 2010 12:24pm Nov 17, 2010 12:24pm
Just added to short on that break. Got both s/l's above the last high and TP's at 3470...

Let's see...
@pawpaw1000 on Twitter
  • #327,688
  • Nov 17, 2010 12:25pm Nov 17, 2010 12:25pm
Quoting Hyru
also, seems like the 200EMA is right below us on the 5min
Yes, but it is above on every other time frame through 4H. Under those circumstances, the majority of time frames is probably more important.
  • #327,689
  • Nov 17, 2010 12:26pm Nov 17, 2010 12:26pm
Quoting Pipwanderer
but we have to bear in mind that the overall trend in bearish
I guess what I have experienced in the past and it works best for me is that if I do what price tells me in the now being that today is bullish as long as I lock in profit for the day, then the greater the chance of the trade going longer than if you were to try to find the top or bottom. Its all about starting off by taking a little from the market for potential to take much much more than your initial trade entry.
Know when to hold em, Know when to fold em!
  • #327,690
  • Nov 17, 2010 12:29pm Nov 17, 2010 12:29pm
Eyes on USDCHF testing DP to go high @9920 at the same time EU retest DP @3528. If UC breaks i think we'll see 3500 on EU...at least.
  • #327,691
  • Edited 12:58pm Nov 17, 2010 12:29pm | Edited 12:58pm
Is anyone still trading this?

Volume died when London closed. I get the feeling that I could move it with 1 lot. Seems like a good way to loose money to me.

Tell me if I am wrong - I am always trying to improve/learn.

Ben

P.S. Posted this ages ago but as a new/junior member moderation tok for ages. Probably for a good reason but very, very frustating
  • #327,692
  • Nov 17, 2010 12:32pm Nov 17, 2010 12:32pm
Quoting Mr Hatch
any really good alternative?
mt4 has no option for one-click trading (not that important, but extremely handy). mt5 has... but that's a long time before you will be allowed to use it for trading, i think.

Hi Sir,

I think u cann't write MT4 has no option for one-click trading. There is an option: hotkey

I agree, MT4 has not one click trading but it has one key trading.

Best Regards.
  • #327,693
  • Nov 17, 2010 12:33pm Nov 17, 2010 12:33pm
We are getting a bit more detail on why Ireland refused a bailout. One of the conditions was for them to raise their corporate tax which at 12.5% in the lowest in Western Europe, Irelands' response was obvious p!ss off, why should we do away with the biggest tax advantage we have to attract and retain businesses..

The saga continues.
  • #327,694
  • Nov 17, 2010 12:35pm Nov 17, 2010 12:35pm
Quoting sharteel
Hi Sir,

I think u cann't write MT4 has no option for one-click trading. There is an option: hotkey

I agree, MT4 has not one click trading but it has one key trading.

Best Regards.
but theres no order set then, just the order window appears....
Hero calls followed by margin calls...
  • #327,695
  • Nov 17, 2010 12:35pm Nov 17, 2010 12:35pm
Quoting cloggie
We are getting a bit more detail on why Ireland refused a bailout. One of the conditions was for them to raise their corporate tax which at 10% in the lowest in Western Europe, Irelands' response was obvious p!ss off, why should we do away with the biggest tax advantage we have to attract and retain businesses..

The saga continues.

Why the hell would they even talk about alliancing with the US for economy growth if they dont want a bailout? I think its smart they dont take the bailout however increasing taxes would put them in a deathspiral. Would they even be able to repay the bailout to the eurozone? I doubt it.
Know when to hold em, Know when to fold em!
  • #327,696
  • Nov 17, 2010 12:36pm Nov 17, 2010 12:36pm
Quoting cloggie
We are getting a bit more detail on why Ireland refused a bailout. One of the conditions was for them to raise their corporate tax which at 12.5% in the lowest in Western Europe, Irelands' response was obvious p!ss off, why should we do away with the biggest tax advantage we have to attract and retain businesses..

The saga continues.
Imagine if Webber becomes President of the ECB what would they ask... we'll all have a laugh then...
  • #327,697
  • Nov 17, 2010 12:38pm Nov 17, 2010 12:38pm
Quoting Pip to Pip
Imagine if Webber becomes President of the ECB what would they ask... we'll all have a laugh then...

Weber has no chance, he is refusing to support Tricky in his bond purchase program. And I like him for his stance, none of the EU politicians will though.
  • #327,698
  • Nov 17, 2010 12:39pm Nov 17, 2010 12:39pm
Quoting goods
Why the hell would they even talk about alliancing with the US for economy growth if they dont want a bailout? I think its smart they dont take the bailout however increasing taxes would put them in a deathspiral. Would they even be able to repay the bailout to the eurozone? I doubt it.

If they did they would become like Greece witha serious probability of restructuring their debt, what the heck it is called DEFAULT
  • #327,699
  • Nov 17, 2010 12:40pm Nov 17, 2010 12:40pm
Quoting Pip to Pip
If they did they would become like Greece witha serious probability of restructuring their debt, what the heck it is called DEFAULT
Lets face it Ireland is screwed huh!! Will be nice to go there cheap on vacation and visit my roots
Know when to hold em, Know when to fold em!
  • #327,700
  • Nov 17, 2010 12:40pm Nov 17, 2010 12:40pm
Quoting Pip to Pip
If they did they would become like Greece witha serious probability of restructuring their debt, what the heck it is called DEFAULT

Big difference between Greece and Ireland, Greece is government debt and an inability to fund itself, with Ireland it is just bad loans at banks, the government is fully funded, that's why they are playing hardball.

Easiest solution? Let AIB fail, problem sorted, move all the problems to the shareholders. They have a LDR of close to 200% so savers are safe, there aren't any.
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